2021 Investment Thread

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asdfghwy

Well-known member
Whats the deal with $RIDE? Lordstown motors. American EV truck company, bought GMs old plant, have a deal with Camping world so potential 230+ service centers/showrooms. They are a debuting a prototype at Baja or something similar down south next month. Commercial production /deliveries slated for fall.

I am considering this a high risk investment, I'm in for some shares @ 19.50
 
lizard

lizard

Well-known member
kuksul08 said:
vJI3x4I.png
Click to expand...

Thanks for posting. Very informative. The chart substantiates this Buffet quote, particularly, passage of time:

"All that's required is the passage of time, an inner calm, ample diversification and a minimization of transactions and fees," - Warren Buffet
 
afm199

afm199

Well-known member
lizard said:
Thanks for posting. Very informative. The chart substantiates this Buffet quote, particularly, passage of time:

"All that's required is the passage of time, an inner calm, ample diversification and a minimization of transactions and fees," - Warren Buffet
Click to expand...

Yes and no, that chart's log scale on one axis. It smooth everything out. Look at it when it's not distorted and it tells a slightly different story. Namely that a twenty year period can turn your investments into garbage quite easily, and if you don't have twenty more years to see improvement, you are fukted.
 
lizard

lizard

Well-known member
afm199 said:
Yes and no, that chart's log scale on one axis. It smooth everything out. Look at it when it's not distorted and it tells a slightly different story. Namely that a twenty year period can turn your investments into garbage quite easily, and if you don't have twenty more years to see improvement, you are fukted.
Click to expand...

Goddamnit. Its always in the details.
 
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